Labrys

Bringing Bonds to Blockchain. Labrys are developing the technology needed to effectively issue bonds as tokenised assets directly on the blockchain. By utilising the latest technology available, inefficiencies in the issuance process are able to be eliminated, creating a much more efficient and cost effective bond ecosystem.

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Overview

Symbol

LAB

ICO Opening Date

January 30, 2018

ICO Closing Date

February 15, 2018

Country of Origin

Australia

Description

We are building a platform to radically change the way individuals and institutions issue and invest in bonds. Built on Ethereum, the Labrys Platform will utilize the benefits of blockchain to forge the most efficient investment gateway to the global bond market, a market valued at over $200 Trillion.

Securing financial assets on the blockchain is inevitable and through the tokenization of bonds, we are able to digitise and eliminate middlemen, establishing a direct relationship between issuer and investor.

Once bonds are created using the Labrys Platform, they are sold through the Labrys Wallet, which is the tool to gain ownership of blockchain based bonds. It is the gateway to all communication with the underlying Ethereum smart contracts, which secure the investments. Users will manage their own bond portfolio from within the Wallet which includes the buying and selling of bonds and collection of interest payments.

Disclosure:This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.

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The intensive development of the crypto economy opened up a wide set of options for new types of investments. The acquisition of cryptocurrencies and tokens of ICO projects have become a substantial alternative to traditional investment options.